Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Update

Loblaw Companies Limited (OTCMKTS:LBLCF) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,008,900 shares, a growth of 6.2% from the March 15th total of 949,700 shares. Based on an average trading volume of 18,200 shares, the days-to-cover ratio is presently 55.4 days.

Loblaw Companies Stock Performance

LBLCF stock opened at $107.65 on Thursday. Loblaw Companies has a 52-week low of $78.00 and a 52-week high of $112.76. The company’s 50 day simple moving average is $107.78 and its 200-day simple moving average is $96.78.

Loblaw Companies Company Profile

Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores.